Stamping of share certificate

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 May 2012 Hello Sir / Madam,

One of my friend is travelling abroad, I need to take care of his monthly rental income and other insurance activities on behalf of him.

My question is do i need to get into a legal agreement OR NDA between us. So that we are on the same page under any future circumstances.

Appreciate your immediate reply. Thank you

Neha Chauhan

Neha Chauhan (Querist)
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16 May 2012 Hello Sir,

I want to know the procedure for stamping of share certificate in Delhi.

I appriciate immediate response.

Ajay Mishra

Ajay Mishra (Expert)
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17 May 2012 Hi Neha...

To,
SDM
Connaught Place (Patiala House No.18)

Sub: Payment of Consolidated Stamp Duty on allotment & issue of Share Certificate.

Respected Sir,

With due regard we would like to acknowledge you that Our Company incorporated on the date………….. having company No. ……………. and subsequently wants to allotte shares to the shareholders. Company decided to make consolidated payment of stamp Duty in respect of share Certificate issue to the Shareholders.

The Share allotment details are hereunder:

Type of Security No of Share Certificate Folio No. Distinctive No. Face Value of Share Total Amount Paid

For ………………..

Director/ Authorized Person

Annexture:

1. Share Certificate (Specimen)
2. Memorandum & Article of Association
3. Board Resolution authorizing allotment of Shares
4. Form-2
5. Share Holding Pattern
6. Power of Attorney to present the matter.

Procedure:

Stage-1 Application to SDM (Concerned Registered Office of the Company)
Stage-2 Application forwarded by SDM to Finance Secretary
Stage-3 Finance Secretary Send Note to the Governor of the state
Stage-4 After due approval Finance secretary issue an approval to SDM
Stage-5 SDM issue challan on the basis of approval
Stage-6 Amount of stamp duty deposited in bank
Stage-7 A certificate of payment of duty issued by the SDM

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